Olympic Airlines

Greeks welcome Mid-East interest in national airline

Image via airplane-blog.com

Greek Prime Minister Costas Karamanlis has welcomed Qatar Airways interest in the privatization of Greece's state-owned Olympic Airlines.

Karamanlis, meeting with officials in Qatar said Qatar Airways was on the list of prospective investors that have expressed interest in Greece's national airline.

The conservative government of Karamanlis launched a tender last month to split Olympic into three parts and sell them off.

The plan has been approved by the European Commission, which agreed to suspend action over illegal state subsidies if the sale went ahead.

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